World, Writing, Wealth discussion
Wealth & Economics
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Which investment advice websites do you use? Fool.com?
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I've never invested in stocks, which is probably why I don't have a lot of money. Recently, I've thought about investing in something safe - can't afford to lose money. What would be a safe stock investment with moderate or even low returns that would give me better returns than an IRA, CD, or money market account (highest rate 1.9%)? Promise I won't hold you to it, but I'd like some ideas. Maybe Amazon?
Some diversified mutual funds (like the Total Stock Market and another one that mirrors the S&P500) are on the lower end of the risk spectrum. Although some think that the market is pretty high right now, if you dollar-cost average in your investment, you can somewhat mitigate that if the market takes a downturn, yet still take advantage of being in stocks. I have mutual funds with Vanguard.com. I think that fool.com has some pretty good articles to build one's knowledge.
I'll look at fool.com. Can I expect more than 2% interest if I invest in a mutual fund? And what's the minimum I would have to invest?
Here's the link to Vanguard.com's "costs, fees, and minimums":https://investor.vanguard.com/investi...
There are just so many options and the 2% might not be "risk-free". It can get quite complicated, so I'd definitely do some independent reading (as you said you were going to do).
Having said that, here's a quick link for CDs, which are by-and-large safe:
https://personal.vanguard.com/us/Fixe...
Note: I'm not employed by Vanguard nor directly related to anyone who is employed at Vanguard--in fact, I don't know anyone who is a Vanguard employee--nor do I receive any financial renumeration or any incentives whatsoever from Vanguard. ^_^
In my opinion, the big elephant in the room is debt, and the question is, how will this be resolved? This is what makes ANY investment right now a high risk. Janet Yellen recently said that another crash is impossible; I heard another economist say that with the debt, it is inevitable. The next problem is, what happens if Trump decides to lower tax on big Corporations enough that they bring back their tax haven money? That suddenly dumps several trillion dollars into circulation. That could seriously damage the value of cash. China is rapidly becoming less dependent on the US market, so maybe they dump their bonds? There are so many things that could happen that i think any attempt at prediction verges on the impossible.The usual advice is to be highly diversified but that doesn't do you much good if you haven't the resources.
kitco. com for me. I'll have to look into fool. I'm subscribed to Forbes updates but a lot of it is junk/politics.


Here's an article about the Amazon-Whole-Foods merger. I've been a Prime member for many years, so this is good news for me. ^_^